Im sure the wax will leave a white residue over your chain. I think most of us were referring to this Wurth High Performance Dry Chain Lube 500ml | eBay
Did some research as I've always had a belt drive till the new Blade and went for Castrol Chain Lube Racing Was otherwise WURTH HIGH PERFORMANCE DRY CHAIN LUBE but I'd seen some comments about the chain going too dry and getting damage so went Castrol. http://www.amazon.co.uk/gp/product/B009018U3Y/ref=oh_details_o06_s00_i00?ie=UTF8&psc=1
Gear oil -SAE90 I started off with Honda recommended product: gear oil. The problem was the amount of dirt flying off it and getting stck to it. Castrol chain lubricant I then switched to castrol chain spay which I felt was to thick to penetrate the side plates. It was more convinient to use but similiar problem with dirt as the gear oil. Putoline Similar results to Castrol Profi dry lubricat: Very low viscocity which means it get to all the right places in the chain even in cold weather. Can be sprayed on cold chain. Totally clean. Downside is I think because it is so thin, you need to apply it very often. Wurth dry chain lube This is where I have stopped. It is good in all fronts. Thicker than Profi so less frequent application. Totally fling free and clean. I noticed the earlier comment about Muc off and that it protects the chain from rusting. This is interesting and I may try.